Prevented Account Use

PayPal Warning

While we do not have the resources to verify each and every complaint we receive, we do believe that all reports posted here are true based on our own experience with Paypal and the growing number of corroborating horror stories we receive every day. The main subject of the majority of these horror stories is the following:

Your Paypal account can be frozen at any time, without advance notice, leaving you without your money for months (if not forever), and there isn't much you can do about it.If you would like to submit your own PayPal horror story, we would be more than happy to post it for everyone to read, providing that it is truthful and void of inappropriate language. Please feel free to submit your story by clicking Here

If you are searching for an alternative to PayPal, we strongly suggest acquiring a Real Merchant Account. CLICK HERE FOR OUR TOP PICK.

How Does PayPal Make Money With My Money?

According to the San Francisco Chronicle, there are approx. 100,000 complaints outstanding at PayPal (Are any of these yours?). In many instances disputes can run on for months leaving people frustrated and out of pocket as they are unable to access their accounts. So what happens to the millions of dollars tied up in frozen accounts and disputes? Well, here is a clip from the San Francisco Chronicle that basically sums it up:

U.S. District Judge Jeremy Fogel of San Jose refused to dismiss a lawsuit that seeks class-action status on behalf of thousands of PayPal customers nationwide. A common allegation is that the company brushes off or stalls customer grievances for months and meanwhile freezes the customer's account and pockets the interest (So that's how they make their money!). No wonder they freeze so many accounts!

Prevented Account Use

Writer Wishes To Remain Anonymous

Dir Sir
In 04-14 paypal limited access my account. they ask me to do a check list

1. Add a credit card and enter Member Number

2. Fax documentation
- Valid photo ID
- Recent statement for any bank account
- Recent statement for any credit card
- Phone or utility bill my address

3. Resolve all complaints against your account

I did all above steps and called them many times and emailed them without any help. this delay and misuse of there policy costs me a lot of damaged. They fake me saying i did not solve disputes regards my account but i did this and in there policy and user agreement do not declare this fake policy

the total amount freezed is $9,609.70
+
$2,400.28
+
$3,192.71
=$15202.69 ( USA dollars )

Please help me to solve this matter at any cost paypal limited access my account and freezed my money also. paypal prevent me to receive or sent any payments from my account as a result

email : frozengsm@yahoo.com for any help

Posted: May 9, 2012 at 10:57 am

Comments : 0 Post a Comment

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This website is a collection of horror stories, news reports and other information addressing problems with Paypal, Inc..

PayPal Warning

How Does PayPal Make Money With My Money?

Prevented Account Use

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This website is a collection of horror stories, news reports and other information addressing problems with Paypal, Inc..

PayPal Warning

How Does PayPal Make Money With My Money?

Prevented Account Use

Leave a Reply Cancel reply

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